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Access to accounts

Access to accounts

FromMoney Box


Access to accounts

FromMoney Box

ratings:
Length:
27 minutes
Released:
Jul 31, 2021
Format:
Podcast episode

Description

A new plan has been brokered to cut down on aggressive debt collection by bailiffs. Will it work amidst fears of a post-pandemic surge in debt problems?

Tesco and M&S are both closing all the personal currents accounts they operate. What does this say about the role of supermarkets as financial institutions, and what should you do if you’re affected?

Digital current account provider Pockit says it’s had to freeze around 1,000 accounts due to suspicious activity reports. A number of those customers say they are taking legal action to get access to their cash.

And how can a pension fund you have paid into disappear as charges erode its value.?

GUESTS:
Joe Shalam - head of the Financial Inclusion Policy Unit at the Centre for Social Justice
Peter Hahn - Emeritus professor at the London Institute of Banking & Finance
Helen Saxon – banking editor at MoneySavingExpert
Gina Miller – founder of the True and Fair Campaign

Presenter: Paul Lewis
Reporter: Dan Whitworth
Production Co-ordinator: Janet Staples
Researcher: Sowda Ali
Producer: Joe Kent
Editor: Alex Lewis
Released:
Jul 31, 2021
Format:
Podcast episode

Titles in the series (100)

The latest news from the world of personal finance plus advice for those trying to make the most of their money.